Description
Legally zoned multi family duplex investment opportunity with tremendous potential – 616 s 60th st
this fully occupied duplex offers an incredible investment opportunity in a rapidly developing neighborhood. located at 616 s 60th street, this property is positioned in a vibrant community with exciting developments on the horizon. with the option to deliver the property vacant, you have the flexibility to maximize its potential and tailor it to your needs.
property features:
first floor: a spacious 2-bedroom, 1-bathroom unit that offers comfortable living space and steady rental income.
second floor: a well-maintained 3-bedroom, 1-bathroom unit providing ample space and great living conditions for tenants.
fully occupied: both units are currently leased, providing immediate cash flow and reliable income.
vacant delivery option: the property can be delivered vacant, giving you the flexibility to either move in or lease the units at market rates for an increased return on investment.
location & neighborhood:
upcoming community grocer: a brand-new community grocer is coming soon to the neighborhood, adding convenience for residents and making the area even more desirable.
rapid neighborhood growth: the surrounding area is seeing increased development, with new businesses and residential projects underway, making this an ideal location for long-term investment.
convenient amenities: residents will enjoy close proximity to local restaurants, shops, parks, and public transportation, offering easy access to everything they need.
why invest in 616 s 60th st?
whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with future upside, 616 s 60th street is a rare opportunity. with two spacious units, a flexible delivery option, and a neighborhood on the rise, this property offers both immediate income and long-term growth potential.
don’t miss out on this exciting opportunity! contact us today to schedule a tour and see the potential for yourself.
Property Type
Multi-FamilySubdivision
Cobbs CreekCounty
PHILADELPHIAStyle
Straight ThruAD ID
49005784
Sell a home like this and save $17,441 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Air Filter System,Kitchen - Gourmet,Recessed Lighting,Bathroom - Tub Shower
- Basement Description: Interior Access
- Property Appliances: Water Heater - High-Efficiency,Stainless Steel Appliances,Refrigerator,Oven/Range - Gas,Microwave,Dryer,Dishwasher
Heating & Cooling
- Cooling: Central A/C
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1920
- Structure: Interior Row/Townhouse
- Major Appliances: Water Heater - High-Efficiency,Stainless Steel Appliances,Refrigerator,Oven/Range - Gas,Microwave,Dryer,Dishwasher
- New Construction: No
- Total Units: 2
- Built: 1920
- Construction Material: Masonry
- Security System: Main Entrance Lock
- Foundation/Basement: Brick/Mortar
- Architecture: Straight Thru
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 1,284
- Dimensions: 16.00 x 82.00
- Lot Size (Acres): 0.03
- Architectural Style: Straight Thru
- Stories Total: 2
- Main Square Feet: 1,284
Property Information
- SQ ft: 1,650
- SQ ft (Living Area): 1,650
- Total Lot SQ ft: 1,284
- Subdivision: COBBS CREEK
- Financing: FHA,Conventional,Cash
- Appx. Lot Dimensions: 16.00 x 82.00
- Total Acreage: 0.03
- New Construction: No
- Type: Straight Thru
-
Listing Information
Listing Information
- Possession: 0-30 Days CD
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,919
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD
Assessment Information
- Taxes Assessment Amount: $280,000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: FHA,Conventional,Cash
Homeowners Association Information
- Direction: Head west on Market St toward S 40th St. Pass by Dunkin' (on the right in 0.4 mi) 1.6 mi Turn left onto S 55th St 0.2 mi Turn right onto Walnut St 0.4 mi Turn left onto S 59th St 0.5 mi Turn right onto Cedar Ave 0.1 mi S 60th St & Cedar Ave, Philadelphia, PA 19143
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Head west on Market St toward S 40th St. Pass by Dunkin' (on the right in 0.4 mi) 1.6 mi Turn left onto S 55th St 0.2 mi Turn right onto Walnut St 0.4 mi Turn left onto S 59th St 0.5 mi Turn right onto Cedar Ave 0.1 mi S 60th St & Cedar Ave, Philadelphia, PA 19143
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.
BuyOwner last updated this listing 05/10/2025 @ 00:17
- MLS: PAPH2459634
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,650 sqft, 1,284 sized lot, and 0 parking. are nearby neighborhoods.